Lakes of the North, MI vs Manistee Lake, MI

Lakes of the North, MI and Manistee Lake, MI have a very similar cost of living, with only a 1.6% difference in their overall index. Lakes of the North scores 86 while Manistee Lake scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Lakes of the North are $169,600 compared to $153,600 in Manistee Lake, a 10% gap.

Median household income in Lakes of the North is $65,536 compared to $52,917 in Manistee Lake (+23.8%). While Lakes of the North is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.